FIVE Financial News

01.08 / 21:43

COST FIVE Analysis Fallout inclusion reports Capital gains tax overhaul projected to raise $17.4 billion, but critics warn of economic fallout

The Parliamentary Budget Officer (PBO) is projecting a $17.4 billion boost in income tax revenues from 2024-’25 to 2028-’29, thanks to the federal government’s latest effort to bolster the nation’s coffers. The policy change, which was introduced in Budget 2024 and came into effect on June 25, increases the capital gains inclusion rate for corporations and trusts from one-half to two-thirds and applies the same rate for individuals on yearly gains exceeding $250,000.

01.08 / 21:01

markets UPS FIVE CEO security performer Courts GPB execs guilty on all fraud counts

David Gentile, founder and CEO of GPB Capital Holdings, and Jeffry Schneider, broker-deal chief, were founder guilty on all fraud counts they faced on Thursday morning in a seven-week trial in federal court in downtown Brooklyn.

01.08 / 17:24

UPS FIVE Swimming Universities Olympics The American mastermind behind France’s Olympic sensation

NANTERRE, France—As the Marseillaise blared around the arena and a French swimmer soaked in the adulation of his home crowd, a middle-aged American stood off to the side of the starting blocks beaming with pride. He may not have been applauding a countryman, but he was reveling in his handiwork. Bob Bowman is the most successful coach in the history of U.S.

01.08 / 17:14

UPS Target FIVE Platform Experts social UK PM Keir Starmer warns social media firms to uphold law over misinformation

UK Prime Minister Keir Starmer warned social media companies Thursday they must uphold laws around spreading incendiary misinformation, following unrest blamed on the sharing of unverified details about the Southport knife attack. Addressing the nation from his Downing Street office and residence, Starmer pointed the finger at the role of the firms in two nights of violence after Monday's stabbing spree in the seaside town near Liverpool. «Let me also say to large social media companies and those who run them: violent disorder, clearly whipped up online, that is also a crime,» the UK leader said.

01.08 / 16:46

markets Provident Target FIVE pandemic consequences Schools Posthaste: Canada's immigration clampdown could have more consequences than we thought

The Federal government’s move to rein in the entry of temporary residents to Canada could have more of an impact than we thought.

01.08 / 16:45

Provident FIVE Digital President poverty country audience UNGA President cites India's efforts to lift millions out of poverty through digitalisation

India, President of the 78th session of the UN General Assembly Dennis Francis told a global audience in Rome that the country has lifted millions of people out of poverty through digitalisation. Referring to the need to provide a basis to support rapid development, such as through digitalisation, Francis cited and lauded India's example and said: «Take for example the case of India… India has been able to lift 800 million people out of poverty over the last five or six years simply by the use of smartphones.» Francis was delivering a lecture at the Food and Agriculture Organisation (FAO) of the United Nations headquartered in Rome on «Accelerating progress towards Zero Hunger for the current and future generations.»

01.08 / 13:35

markets COST UPS FIVE security Experts Liberal plan for 30-year mortgage amortizations kicks in. Here’s who qualifies

Some Canadians looking to break into the housing market are now able to get 30-year mortgages, a bid from the Liberal government to make owning a home feel more affordable.

01.08 / 09:38

FIVE Entertainment Strategy Remark show performer Features Bigg Boss OTT 3 finale prize money revealed: Check streaming time and how to watch?

01.08 / 08:27

FIVE community social information reports Videos Investigations Panchayat in Agra lets rape accused off with five shoe strikes and Rs 15,000 fine

rape accused was allegedly let off by a panchayat in Uttar Pradesh's Agra district after just five shoe strikes on his head and a fine of mere Rs 15,000.

01.08 / 06:44

FIVE shooting show Courts Videos Toronto terror suspects recorded video with weapons, ISIS flag

A father and son accused of planning a terrorist attack in Toronto had filmed a video of themselves holding weapons in front of the ISIS flag, sources told Global News.

01.08 / 03:33

markets Target FIVE Trade shooting recommendations rowing Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy

Breakout stocks to buy or sell: Despite weak global market sentiments, the Indian stock market ended higher for the third day in a row on Wednesday. The Nifty 50 index finished 121 points higher at 24,978. The BSE Sensex scaled 285 points north and closed at 81,741, whereas the Bank Nifty index was 121 points higher at 51,620.

31.07 / 23:03

UPS FIVE information Department Courts Deluge of income tax notices likely this month

income tax (I-T) notices loom over the next one month amid fears that many could slip through the tax net.

31.07 / 20:32

UPS Waves FIVE WhatsApp Olympics Lakshya bang on! Underdog Lakshya Sen beats medal contender Christie to reach last 16 on his Olympic debut

Paris Olympics group match, Lakshya Sen was at a 1-4 disadvantage in the head-tohead record against third seed Jonatan Christie of Indonesia.

31.07 / 20:17

UPS FIVE Entertainment Inside reports Relationships Is Ben Affleck's $20.5 million 'Bachelor Pad' a final blow to his marriage with Jennifer Lopez?

Ben Affleck's relationship with Jennifer Lopez has intensified because he just bought a $20.5 million «bachelor pad» in Pacific Palisades. There are now fresh reports circulating about the couple, who were previously said to be taking time apart to work on their marriage. Insiders speculate that Lopez may take a serious hit from Affleck's recent house purchase, calling it the «final insult» in their tense relationship, as per the reports of Yahoo entertainment.

31.07 / 18:05

Target FIVE WhatsApp Healthcare hospital Unaprime buys Tata Healthcare's 43.5% in Lokmanya Hospitals

Unaprime has bought out Tata Healthcare Fund's 43.5% stake in Maharashtra-based Lokmanya Hospitals, said the financial investment advisory company's co-founder Deep Mishra. It also purchased shares from other existing investors, taking its total shareholding in the hospital company to 70%, he told ET.

31.07 / 17:37

FIVE Waters Death students MCD Videos Delhi area where IAS aspirants died flooded again after spell of rain

Delhi's Old Rajinder Nagar, where three students died due to flooding in the basement of a coaching centre last week, was flooded again following a spell of heavy rain on Wednesday. Several videos surfaced of the flood-like situation in the stretch that is lined with many coaching centres.

31.07 / 16:58

markets FIVE Action Death MCD Department Coaching centre deaths: MCD seals five more basements of coaching institutes, tally reaches 35

coaching institutes in West Delhi and South Delhi zones making the total tally reach 35 since Sunday, according to civic body officials. The MCD on Wednesday sealed three basements of coaching institutes in West Delhi and two in South Delhi zones in action against establishments using the basements for commercial purposes.

31.07 / 16:26

Provident FIVE Career Platform Strategy Analysis reports Father-son advisor duo hops to LPL from Avantax

LPL Financial has expanded its reach in Virginia as a family-run advisory practice from Avantax switches affiliations.

31.07 / 16:09

Provident FIVE Mobile Photos information guidelines Updates New FASTag regulations to come into effect on August 1: Here's all you need to know

NPCI) will enforce updated FASTag regulations designed to enhance toll payment processes and reduce traffic congestion at toll plazas. These new guidelines will impact FASTag users significantly.

31.07 / 15:50

UPS FIVE Manufacturing wellness prevention Relationships Industries Minister MB Patil says Toyota with Karnataka as automakers big ticket investment in Maharashtra sparks concerns

MB Patil onWednesday said Toyota Kirloskar Motor (TKML) setting up a plant in Maharashtra was part of its diversification plans and it should not be viewed as a flight of capital.

31.07 / 15:18

UPS FIVE Manufacturing WhatsApp Sansera signs MoU with Karnataka to set up manufacturing facility at Rs 2,100 Crore

Sansera Engineering Limited on Wednesday signed a Memorandum of Understanding (MoU) with the Karnataka government to expand Sansera's manufacturing capacity in Ramanagara with an investment of Rs 2,100 crore. The facility at Harohalli, Ramanagara is expected to drive growth in both the automotive and non-automotive sectors.

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